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President Mahama Cuts Sod for Solar for Industries Project to Power Ghana’s 24-Hour Economy

President John Dramani Mahama has officially launched Ghana’s ambitious Solar for Industries (SFI) project at Dawa Industrial Zone, marking a pivotal step in the nation’s transition toward renewable energy and sustainable industrial growth.

Speaking today Thursday 6th November, 2025,at Agortor in the Greater Accra Region during the ceremony, President Mahama described the event as a symbolic turning point in Ghana’s energy story.

“Today’s ceremony is not just about turning the soil to cut sod — it’s about turning a page in how we power our growth, how we build our industries, and how we secure our energy future,” he said.

Strategic Partnership for Industrial Growth;

The Solar for Industries Project is being developed through a partnership between Park Solar, Quam Investments, and the International Finance Corporation (IFC), with technical cooperation from Chinese EPC contractors. It represents a major shift toward clean, reliable, and affordable industrial power in Ghana.

“This facility will produce clean, stable, and affordable electricity dedicated to Ghana’s manufacturing and export zones. This is the core of our 24-hour economy and industrial recovery program,” President Mahama stated.

Driving the 24-Hour Economy Vision:

The President explained that the project is integral to his administration’s goal of establishing a 24-hour economy that enables industries to operate around the clock without fear of power shortages or high costs.

“Our objective has always been clear — to create a Ghana where every factory, every cold storage facility, every digital hub, and every export plant can operate efficiently, day and night,” he said.

Advancing National Renewable Energy Goals:

President Mahama reaffirmed Ghana’s commitment to increasing its renewable energy capacity under the National Renewable Energy Master Plan.

“We’ve set an ambitious target to achieve a minimum of 15% renewable energy share by the year 2030. Through initiatives such as SFI, we’re advancing this goal and aligning Ghana with the global clean energy transition,” he added.

Boosting Global Competitiveness and Trade:

The President also highlighted the project’s role in maintaining Ghana’s trade competitiveness under emerging international carbon regulations.

“This will enable our industries to stay competitive under new global trade rules like the EU’s Carbon Border Adjustment Mechanism, which will penalize exports from countries with high carbon footprints,” he noted.

He emphasized that solar-powered industrial parks will protect Ghanaian jobs and expand access to global markets under frameworks such as the African Continental Free Trade Area (AfCFTA).

Ghana’s Clean Industrial Future:

Concluding his address, President Mahama said the project underscores Ghana’s determination to balance industrial growth with environmental sustainability.

“This project shows that Ghana does not need to choose between economic growth and environmental protection. We can have both — and indeed, we must have both,” he declared.

He added that the Solar for Industries project “is not just a power plant, but a message — that Ghana is ready to lead Africa’s next industrial renaissance, energized by the sun, powered by innovation, and driven by our collective determination.”

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